Last Updated on Tuesday, 6 March 2018, 18:05 by Denis Chabrol ExxonMobil on Tuesday assured that there would no skulduggery to inflate expenses or steal Guyana’s oil and at the same time appeared reluctant to renegotiate its controversial Production Sharing Agreement with Guyana although larger quantities of oil are being found in the Stabroek Block. In response to a question ...

Last Updated on Tuesday, 6 March 2018, 12:18 by Denis Chabrol Brooklyn District Attorney Eric Gonzalez, together with New York City Police Commissioner James P. O’Neil and New York City Council Speaker Corey Johnson, Tuesday announced the launch of a pre-arraignment diversion program to assist individuals who suffer from drug dependency and misuse. Under Project CLEAR (Collaborative Legal Engagement Assistance ...

Last Updated on Tuesday, 6 March 2018, 11:04 by Denis Chabrol In the face of persistent criticisms of the Guyana-ExxonMobil agreement, Business Minister Dominic Gaskin on Tuesday railed against critics who see the deal as “chicken feed”, instead saying that it would yearly earn the country more than gold. Addressing the opening of a Private Sector Commission- organised seminar under ...

Last Updated on Tuesday, 6 March 2018, 7:16 by Denis Chabrol Guyana Manganese Incorporated (GMI) plans to employ more than 500 Guyanese in the construction of its manganese operations in Matthew’s Ridge, a senior company official. Steven Ma, Assistant General Manager of Bosai’s Overseas Department said construction is set to begin in July and  550 locals from the region and ...

Last Updated on Monday, 5 March 2018, 20:10 by Denis Chabrol An GY$18 million innovative fund established by the Guyana Telephone and Telegraph (GTT) will be pumped into the Science Technology Engineering and Mathematics (STEM) programme locally and the University of Guyana (UG). The announcement was made earlier Monday by the telephone giant during a press conference to promote its ...

Last Updated on Monday, 5 March 2018, 19:58 by Denis Chabrol The Guyana Revenue Authority (GRA) on Monday won an appeal before the Caribbean Court of Justice (CCJ) against Guyana Stores Limited (GSL) on whether a two percent minimum corporation tax was unconstitutional and amounted to the taking away of private property. “This decision is a victory for the Revenue ...

Last Updated on Monday, 5 March 2018, 13:05 by Denis Chabrol Minister of Public Security, Khemraj Ramjattan says he will be taking steps to examine whether the regulations were breached or the law needs to be amended to bar Police Commissioners and other senior officers from granting firearm licences to themselves days before their retirement. “We are giving that serious ...

Last Updated on Monday, 5 March 2018, 3:00 by Denis Chabrol The Guyana government has decided to refuse permission to more international airlines that merely have one or two aircraft because passengers continue to be frustrated by long delays and cancellations, Minister of State Joseph Harmon announced. “All I would ask of you is don’t bring no one-plane airline or ...

Last Updated on Monday, 5 March 2018, 2:56 by Denis Chabrol The Guyana government appears to have finalised a deal with the privately-owned Demerara Distillers Limited (DDL) for the restart of the Enmore sugar estate to produce molasses for that company, a high-level government official said Sunday. The Head of the Special Purpose Unit (SPU) of the National Industrial and ...

Last Updated on Wednesday, 21 August 2019, 15:48 by Writer by GHK Lall News reports have surfaced that there are several big-name bidders for available oil blocks in Guyana waiting to be awarded.  This should not come as a surprise, given the continuing discoveries by ExxonMobil of one rich field after another; the majors want a piece of the action ...